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2022
Exports $60.9kWorld Rnk 110 / 160
Flag Rnk 72 / 94
falsefalse Spain
2021 - 2022
FASTEST GROWING MARKETfalseSpain
2022
PRODUCT COMPLEXITY IN Wool & animal hair0.58Rnk 333 / 1025
2022
Imports $706kWorld Rnk 110 / 194
Flag Rnk 85 / 96
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $60.9k in Wool & animal hair, making it the 110th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 72nd most exported product in Laos. The main destination of Wool & animal hair exports from Laos are: Spain ($26.9k), United States ($19.3k), Cambodia ($8.18k), United Kingdom ($6.37k), and South Korea ($11).

The fastest growing export markets for Wool & animal hair of Laos between 2021 and 2022 were Spain ($26.9k), United States ($19.3k), and Cambodia ($8.18k).

Imports In 2022, Laos imported $706k in Wool & animal hair, becoming the 110th largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 85th most imported product in Laos. Laos imports Wool & animal hair primarily from: China ($661k), Italy ($45.5k), and Thailand ($86).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wool & animal hair. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$60.9k
IMPORTS (2022)$706k
NET TRADE (2022)-$646k

In 2022, Laos exported $60.9k in Wool & animal hair. The main destinations of Laos exports on Wool & animal hair were Spain ($26.9k), United States ($19.3k), Cambodia ($8.18k), United Kingdom ($6.37k), and South Korea ($11).

In 2022, Laos imported $706k in Wool & animal hair, mainly from China ($661k), Italy ($45.5k), and Thailand ($86).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Spain$26.9k (1%)
United States$19.3k (1%)
Cambodia$8.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Laos WERE (2021 - 2022):Turkey-$360 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Wool & animal hair were:
Australia $2.24B
China $2.23B
Italy $2.03B
In 2022, Laos's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B
Germany $694M

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.3k
TOP IMPORT POTENTIALChina+ $161k

Wool & animal hair’s highest export potential is United States. With an export gap of $15.3k.   Wool & animal hair’s highest import potential is China with an import gap of $161k.

See methodology.

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